ALB albion resources limited

Ann: Business Update , page-6

  1. 14,167 Posts.
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    Schlomo,

    "This company was always saying what a low cost producer they were going to be. This is not the case."

    MBN from the same stable (Mitchell River?), has the many of the same directors/founders/backers. Whilst MBN clearly has huge resources in comparison, do we also need to be a little more sceptical of MBN's cost position, and execution ability in light of the ALB dissapointments?

    EL
    Discl: Currently hold neither ALB nor MBN.
 
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